Economics Archives - Page 239 of 276

3 minute read

S&P 500, Nasdaq Futures Hold On To Slender Gains As Lack Of Major Trading Cues Keep Sentiment Subdued — These Stocks In Focus Today

December 6, 7:05 AM

Stocks appear on track to open Tuesday’s session on a mixed note after Monday’s sharp retreat amid the climb in bond yields.

AZO

2 minute read

How Much Must You Earn To Buy A Home In 2022? Plus, Prices Fell In These 10 Cities

By AJ Fabino

December 5, 12:51 PM

A homebuyer must earn $93,684 to afford the $2,342 monthly mortgage payment on the typical U.S. home. That's down 14.51% from one month ago, and up 21.37% from $73,668 a year ago. This is owing to mortgage rates more than doubling in the last year, along with consistently high property prices.

RDFN

2 minute read

Tesla Analyst Warns Against Fed-Induced Recession As Gas Prices Fall: ‘Go Away And Stay Away’

By Shanthi Rexaline

December 5, 7:23 AM

The pullback in retail gasoline prices was the talk of the town over the weekend, with even President Joe Biden calling attention to it. Drawing an inference from the data, an analyst stepped up his call for the Fed to step away.

XLE

3 minute read

US Stocks Start New Trading Week On Negative Note Amid Lack Of Clarity On Rate Outlook — China Stocks Rip Higher; Apple, Tesla In Spotlight

By Shanthi Rexaline

December 5, 7:01 AM

The index futures are pointing to a moderately lower opening by Wall Street stocks on Monday after the averages closed Friday’s session narrowly mixed in reaction to the November non-farm payrolls report.

AAPL

2 minute read

Larry Summers Says ‘Long Way To Go’ For Fed To Reach Inflation Targets: ‘Much Harder Than People Think To Achieve Soft Landing’

By Bhavik Nair

December 4, 8:58 PM

Former Treasury Secretary Lawrence H. Summers believes there is still a long way to go in getting inflation down to where the Federal Reserve wants it.

BND

3 minute read

Who Are The Winners And Losers Of G7 Price Cap On Russian Oil?

By Robert Kuczmarski

December 3, 12:59 PM

Ahead of the OPEC + meeting this Sunday to discuss its oil production policy, the European Union decided to ban all maritime transports of imported Russian oil on Monday.

CVX

2 minute read

‘Eye-Popping For The Fed’: 5 Experts React To November Jobs Report, What It Means For Interest Rates

By Wayne Duggan

December 2, 11:39 AM

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower Friday after the Labor Department reported strong U.S. jobs market numbers from November.

APTV

2 minute read

Cramer Says Powell’s Inflation Remarks Confirm Investors Shouldn’t Exit: ‘We Must Be Ready With A Quarter Of One Foot Out The Door’

By Bhavik Nair

December 2, 9:12 AM

Prominent market commentator Jim Cramer said on Thursday Federal Reserve Chair Jerome Powell’s inflation remarks on Wednesday have confirmed that investors should

BND

3 minute read

Nasdaq, S&P 500 Futures Nervously Flit Around Ahead Of November Payrolls Data: Will Numbers Support Market Expectations For Slower Rate Hikes?

By Shanthi Rexaline

December 2, 7:09 AM

US stocks are on track for a nervous start on Friday as traders look ahead to the November non-farm payrolls report for trading cues. With the Federal Reserve signaling its intention to potentially pivot, each incoming data is likely to trigger volatility in the market.

AMZN

1 minute read

Mike Novogratz Pulls $500K Bitcoin Prediction As Fed Rate Hikes Play Spoilsport: ‘Powell Found His Powers’

By Mehab Qureshi

December 1, 10:26 PM

Galaxy Digital (NASDAQ: BRPHF) CEO Mike Novogratz has backtracked on his prediction for Bitcoin (CRYPTO: BTC) to rise to $500,000 in five years, citing the Federal Reserve's

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